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Coronado Company has just received the August 31, 2025, bank statement, which is summarized below. The general ledger Cash account contained the following entries for
Coronado Company has just received the August 31, 2025, bank statement, which is summarized below. The general ledger Cash account contained the following entries for the month of August. Deposits in transit at August 31 are $5,043, and checks outstanding at August 31 total $1,393. Cash on hand at August 31 is $411. The bookkeeper improperly entered one check in the books at $146 which was written for $155 for supplies (expense); it cleared the bank during the month of August. CORONADO COMPANY Bank Reconciliation, August 31, 2025 County National Bank Balance per Bank Statement, August 31, 2025 Add $ Correct Cash Balance ^ Less : eTextbook and Media
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